#SECGuidance **SEC Strikes Back: Opposes Ripple’s Bid to Seal Financial Records in High-Stakes Legal Showdown**

The U.S. Securities and Exchange Commission (SEC) has fired a sharp response to Ripple’s urgent motion to seal key financial documents, setting the stage for a heated courtroom clash.

Ripple had sought to keep sensitive business details—including institutional sales data and financial statements—under wraps, arguing that public disclosure would harm its competitive interests. But the SEC is pushing back hard, insisting that transparency is crucial to the case’s public interest.

**Why This Matters:**

- The SEC claims Ripple’s attempt to conceal financial records undermines judicial transparency.

- Ripple argues that exposing contract terms and sales data could damage its business relationships.

- Judge Torres’ ruling could set a major precedent for how much crypto firms must disclose in legal battles.

**What’s Next?**

With both sides digging in, the court’s decision could have far-reaching implications—not just for **$XRP holders**, but for the broader crypto industry’s regulatory landscape.